Question: Below are cost and activity data for a particular cost over the last four periods. Your boss has asked you to analyze this cost so

Below are cost and activity data for a particular cost over the last four periods. Your boss has asked you to analyze this cost so that management will have a better understanding of how this cost changes in response to changes in activity. ActivityCostPeriod 146$791Period 240$738Period 347$807Period 441$746 Required:Using the least-squares regression method, estimate the cost formula for this cost.

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